StockNews.com Begins Coverage on Altisource Portfolio Solutions (NASDAQ:ASPS)

StockNews.com began coverage on shares of Altisource Portfolio Solutions (NASDAQ:ASPS) in a research note released on Thursday morning. The brokerage issued a sell rating on the business services provider’s stock.

Altisource Portfolio Solutions Stock Up 8.0 %

ASPS stock opened at $0.94 on Thursday. The company has a 50-day simple moving average of $0.72 and a 200 day simple moving average of $0.99. The company has a market capitalization of $25.59 million, a P/E ratio of -0.66 and a beta of 0.90. Altisource Portfolio Solutions has a fifty-two week low of $0.43 and a fifty-two week high of $3.17.

About Altisource Portfolio Solutions

Altisource Portfolio Solutions SA operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation, inspection, title insurance and settlement, real estate valuation, foreclosure trustee, and residential and commercial construction inspection and risk mitigation services.